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  • From Yahoo! Business News
  • Wall St. opens lower after strikes in Syria

    Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - U.S. stocks opened lower on Tuesday, putting the S&P on pace for a third straight fall, as conflict in the Middle East intensified and after the U.S. Treasury moved to curb "tax inversion" deals. The Dow Jones industrial average fell 41.16 points, or 0.24 percent, to 17,131.52, the S&P 500 lost 5.29 points, or 0.27 percent, to 1,989 and the Nasdaq Composite dropped 11.91 points, or 0.26 percent, to 4,515.78. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)


  • U.S. manufacturing growth continues apace in September: Markit

    Robotic arms spot welds on the chassis of a Ford Transit Van under assembly at the Ford Claycomo Assembly Plant in ClaycomoNEW YORK, Sept 23 (Reuters) - The U.S. manufacturing sector expanded in September, matching the previous month's growth rate, which had been the fastest in more than four years, while employment levels among goods producers rose to a two-and-a-half-year high, an industry report showed on Tuesday. Financial data firm Markit said its preliminary or "flash" U.S. Manufacturing Purchasing Managers Index was unchanged from August's reading of 57.9, the highest since April 2010. Economists polled by Reuters expected it to edge up to 58. A reading above 50 signals expansion in economic activity. ...


  • Euro zone growth slows as Chinese factories trundle on

    Workers look at machines moving newly made raw bricks at a factory in HuaibeiBy Jonathan Cable and Jake Spring LONDON/BEIJING (Reuters) - Euro zone business growth dipped to a 2014 low in September as firms again cut prices, while factory activity in China picked up only slightly, surveys showed, keeping the spotlight on policymakers' plans for economic stimulus. The data seems sure to dishearten the European Central Bank, struggling to spur growth and revive disconcertingly low inflation and whose head Mario Draghi again raised prospects on Monday of using extra unconventional measures if needed. ...



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